Volkswagen

Skoda Speeds Ahead With 35% Profit Jump

Skoda Speeds Ahead with 35% Profit Jump

In a rebound reflecting the stabilization of the supply chain, Skoda Auto, the Czech unit of Volkswagen Group, reported a year-on-year surge of 35% in its first-half operating profit. This significant leap forward is an encouraging sign for the Czech…

Volkswagen'S Self-Driving Vision Unfolds In Texas

Volkswagen’s Self-Driving Vision Unfolds in Texas

Volkswagen, the renowned German automaker, is steering towards an autonomous future in Texas, aiming to launch self-driving vehicles for services such as ride-hailing and goods delivery by 2026. The company, which once made a substantial investment in Ford’s now-defunct self-driving…

Honda And Gm’s Abrupt Halt: A Shakeup In The Electric Vehicle Market - Gm General Motors Faces Challenges In Electric Vehicle Production - Us Races To Second Place In Global Ev Market

US Races to Second Place in Global EV Market

In a remarkable turn of events, the US has claimed the second spot in the global electric vehicle (EV) market, trailing only behind China. Counterpoint reports that the first quarter of 2023 saw American EV sales leap a staggering 79…